Category: Price Watch
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Crypto exchanges are rushing to list Aragon (ANT), but what is it?
Three major crypto exchanges listed Aragon’s ANT tokens yesterday, causing an immediate price bump and frantic Google searches for what the protocol does. Here’s a primer. What is Aragon? Corporations, and societies, work on a centuries-old system of centralization and organization of all humans (read: workers) doing tasks that contribute towards a final goal. The…
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Chainlink rallies to fresh highs of $16, but data reveals mounting selling pressure
Chainlink’s price has flashed signs of intense strength in recent weeks, with each pullback being aggressively bought by bulls. This pattern has allowed it to rally up to fresh all-time highs that were set early today, with the cryptocurrency now finding some stability as its price hovers just below these newly formed highs of $16.00.…
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Here’s why Ethereum’s Ampleforth (AMPL) is shooting 35% higher today
After spiking parabolically into the end of July, the pseudo-stablecoin Ampleforth (AMPL) suffered a large correction. Since its Jul. 26 highs, the price of the cryptocurrency has dropped around 70 percent. And the market cap of AMPL, which is how the coin’s performance is supposed to be measured, has collapsed by more than 50 percent.…
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Bitfinex traders are longing Tezos (XTZ) in record numbers as price flirts with $4
Ever factoring in the 12 percent correction Tezos has seen in the past day, the cryptocurrency is one of the top-performing in the past week. According to CryptoSlate data, Tezos, which has the ticker XTZ, is up 17.9 percent in the past seven days and up 27.68 percent in the past month. Investors are embracing…
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Crypto investor sentiment hits “extreme greed” levels for first time since 2019
Bitcoin currently appears to be in a somewhat precarious position as it struggles to break above its $12,000 resistance, causing the entire crypto market to see some turbulence. Today, this resistance led the crypto to see a sharp selloff that sent its price reeling down towards $11,300, where bulls eventually stepped up and slowed its…
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Bitcoin options market shows it is “open air” for BTC after $14,000
Bitcoin is currently caught within another bout of sideways trading as its price hovers within the upper-$11,000 region. This trend comes close on the heels of the strong multi-week upswing that allowed it to climb from lows of $9,000 to highs of $12,100 that were set yesterday evening. The lower-$12,000 region has been established as…
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Zeus Capital asserts Chainlink will “dump” despite LINK rallying to $10
While Bitcoin and Ethereum have stagnated at local highs, Chainlink (LINK) has been pressing higher and higher over recent days. This comes after the popular altcoin underwent a 22 percent retracement from the middle of July to early August. Per CryptoSlate market data, the asset trades at $10.61 as of this article’s writing. LINK peaked…